Thread regarding Honeywell International Inc. layoffs

Expect Aero to Bear the Brunt of Future Downsizing

New President and COO of H is 33 year company veteran but has zero Aero experience. Announcement barely has reference to any Aero activities.

"(He will) drive the continued profitable growth of Honeywell's operating businesses. This includes creating new solutions to help customers drive their sustainability transformations and accelerate their digital transformation journeys. (He) will also oversee the continued integration of Honeywell's operating system, "Honeywell Accelerator," across the organization and further its adoption as a learning tool for all Honeywell employees.(He) has achieved a deep understanding of the Honeywell portfolio, our end markets, and our customers' needs."

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| 2677 views | | 6 replies (last August 7, 2022) | Reply
Post ID: @OP+1hZKTWHt

6 replies (most recent on top)

Not sure what the end game is??

Try reading the post below yours. It explains the endgame quite clearly and concisely.

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Post ID: @7lnb+1hZKTWHt

Hard to not notice that recent leadership changes have focused on people with a specific nationality.

Not sure what the end game is there.

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Post ID: @6sux+1hZKTWHt

The last time the COO position was created was for Darius. Soon after, Dave called it a career and Darius took over the helm. Don't expect anything different here. The next steps for Kapur, the new COO, will be to completely outsource everything of value to "low cost geographies" as a foolish solution to the current problems crated by Darius and company. Next, Darius will ride off into the sunset with an egregious amount of shareholder cash via his golden parachute. Then, Kapur will move Honeywell HQ to India to save even more money that he will use to line his own pockets. What a waste of what used to be a decent company. The only thing left is those that are about to retire and those that are about to be retired (aka sacked, RIF'ed, et al).

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Post ID: @5rys+1hZKTWHt

The moves made by Aero over the past 5-10 years seem to be aligning more towards a spin-off of the entire division, or splitting up Aero and selling off the parts.

Consolidating locations, licensing out non-core work, outsourcing to Infosys, setting up shop in Puerto Rico, etc etc. All of these things seem to be aligning Aero to have the lowest overhead costs possible. The lower your costs, the more attractive you are when you come up for sale.

The point about getting sold to GE or Pratt makes sense. Honestly, now that Boeing has spent the last several decades watching their second tier suppliers make all the money, I don't think it's impossible that Boeing would want to acquire pieces of Honeywell. Bring some of the component work back under the Boeing umbrella, and enjoy the profit.

If I had to guess, I'd say GE is the most likely. They intend to have their "GE Aerospace" division split off by early 2024.

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Post ID: @3qnm+1hZKTWHt

Good, we needed that news it won't affect the Kool-Aid people. They live in a bubble and someday they're bubbles going to pop. Good luck guys. I'm looking for a new job.

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Post ID: @1jlm+1hZKTWHt

With GE engines, and maybe Pratt, spinoffs, don't be surprised if Honeywell is sliced up and sold off to the two.

It's not tdays. In wall street to build engines these days.

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Post ID: @1bzh+1hZKTWHt

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